Automobile Manufacturers Companies By Beta

Beta
BetaEfficiencyMarket RiskExp Return
1ELCR Electric Car
20.13
 0.00 
 0.00 
 0.00 
2XPEV Xpeng Inc
2.67
 0.18 
 4.96 
 0.89 
3TSLA Tesla Inc
2.51
(0.16)
 4.49 
(0.71)
4PSNY Polestar Automotive Holding
2.29
 0.03 
 3.68 
 0.11 
5RIVN Rivian Automotive
2.04
(0.03)
 4.57 
(0.12)
6NIO Nio Class A
1.81
(0.01)
 4.28 
(0.02)
7THO Thor Industries
1.74
(0.09)
 2.89 
(0.26)
8WGO Winnebago Industries
1.72
(0.19)
 2.65 
(0.51)
9F Ford Motor
1.61
 0.05 
 2.02 
 0.11 
10GM General Motors
1.43
(0.01)
 2.52 
(0.01)
11STLA Stellantis NV
1.2
(0.02)
 2.58 
(0.05)
12VFSWW VinFast Auto Ltd
1.2
 0.03 
 12.18 
 0.34 
13VFS VinFast Auto Ltd
1.2
(0.13)
 3.21 
(0.41)
14LCID Lucid Group
0.98
(0.09)
 4.65 
(0.40)
15MULN Mullen Automotive
0.93
(0.48)
 15.96 
(7.70)
16LI Li Auto
0.85
 0.03 
 4.15 
 0.14 
17RACE Ferrari NV
0.58
 0.01 
 1.92 
 0.03 
18HMC Honda Motor Co
0.44
 0.07 
 1.77 
 0.12 
19TM Toyota Motor
0.3
(0.01)
 1.83 
(0.02)
20ZK ZEEKR Intelligent Technology
0.0
(0.05)
 4.88 
(0.24)
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time. In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.